Which company produces, markets and operates across the world?
A. Transnational
B. Multinational
C. International
D. Global
Answer: Option A
Solution (By Examveda Team)
The correct answer is (A) Transnational.Let's break down why:
* International: This usually means a company that trades with other countries, but its main operations are still based in its home country.
* Multinational: This type of company has operations (like factories or offices) in many countries. However, it usually adapts its products and services to fit the local market in each country. There is still a strong "home country" identity.
* Transnational: This is the key difference! A transnational company doesn't really have a strong "home country" feeling. It operates across the world in a way that's integrated. Decisions and strategies are made based on the needs of the entire global market, not just individual countries. They try to be seen as a "local" company in every place they operate, and may even move resources and technologies seamlessly between countries.
* Global: While "global" can describe a company with worldwide reach, in business terms, it often means a company that offers the same product or service worldwide with little or no variation. Think of a software company that sells the same software everywhere. While transnational companies *can* be global, the key is their integrated and borderless approach to operations, marketing, and decision-making.
So, the option that best describes a company producing, marketing, and operating seamlessly across the world, without a strong national identity, is Transnational.
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I think here all are related to across the world